Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
29 ROWAN TREE DRIVE is a very large extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £290,000 in October 2012, which was around 15% above the average October 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 29 ROWAN TREE DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 29 ROWAN TREE DRIVE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2012 31 OCT | £290,000 | £253,026 | 15% above HPI |
2004 12 NOV | £230,000 | £239,480 | 4% below HPI |
1997 20 JUN | £80,000 | £77,449 | 3% above HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 29 ROWAN TREE DRIVE sales between June 1997 and October 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2012 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
29 ROWAN TREE DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 29 ROWAN TREE DRIVE lies on this distribution: 85% of detached houses are smaller than 29 ROWAN TREE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.
29 ROWAN TREE DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 29 ROWAN TREE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 29 ROWAN TREE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
29 ROWAN TREE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 29 on ROWAN TREE DRIVE.